SEC Form 4 · accession 0001371941-16-000007
Northwest Bancshares, Inc. · NWBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael G Smelko
Officer — Exec. V.P., Chief Credit Off.
Period of report
Aug 1, 2016
Accepted (ET)
Aug 2, 2016 · 2:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001471265
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Northwest Bancshares, Inc. Common Stock | Aug 1, 2016 | X | 10,125 | $11.51 | A | 72,171 | D | |
| Northwest Bancshares, Inc. Common StockF1 | Aug 1, 2016 | S | 10,125 | $14.9771 | D | 62,046 | D | |
| Northwest Bancshares, Inc. Common Stock | holding | — | — | — | 1,019 | I | Wife's IRA | |
| Northwest Bancshares, Inc. Common StockF2 | holding | — | — | — | 7,667 | I | 401-K | |
| Northwest Bancshares, Inc. Common StockF3 | holding | — | — | — | 8,294 | I | ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $11.51 | Aug 1, 2016 | X | 10,125 | D | Jan 17, 2008 | Jan 17, 2017 | Common Stock | 10,125 | 0 | D |
Explanation of responses
- F1Average price of 10 lots with a high of $15.0038 and a low of $14.92.
- F2Reflects transactions that are not reportable pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- F3Reflects transactions that are not reportable pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.